Vinci Partners Investments Ltd. (NASDAQ:VINP) Sees Large Increase in Short Interest

Vinci Partners Investments Ltd. (NASDAQ:VINP) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 190,100 shares, an increase of 52.4% from the September 30th total of 124,700 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average trading volume of 75,700 shares, the days-to-cover ratio is presently 2.5 days.

Institutional Trading of Vinci Partners Investments

Several large investors have recently bought and sold shares of the company. Absolute Gestao de Investimentos Ltda. acquired a new stake in shares of Vinci Partners Investments during the first quarter valued at about $217,000. Grandeur Peak Global Advisors LLC raised its holdings in Vinci Partners Investments by 0.6% in the first quarter. Grandeur Peak Global Advisors LLC now owns 864,851 shares of the company’s stock valued at $9,773,000 after acquiring an additional 4,968 shares in the last quarter. National Bank of Canada FI boosted its stake in Vinci Partners Investments by 209.1% during the 2nd quarter. National Bank of Canada FI now owns 139,655 shares of the company’s stock valued at $1,522,000 after acquiring an additional 94,467 shares during the last quarter. Finally, Driehaus Capital Management LLC grew its holdings in Vinci Partners Investments by 6.8% during the 2nd quarter. Driehaus Capital Management LLC now owns 154,158 shares of the company’s stock worth $1,680,000 after acquiring an additional 9,803 shares in the last quarter. Institutional investors and hedge funds own 34.07% of the company’s stock.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reduced their price target on Vinci Partners Investments from $15.00 to $14.00 and set an “overweight” rating on the stock in a research note on Thursday, July 11th.

Vinci Partners Investments Stock Performance

VINP remained flat at $10.30 during midday trading on Tuesday. The company’s stock had a trading volume of 12,605 shares, compared to its average volume of 62,166. Vinci Partners Investments has a 52 week low of $9.01 and a 52 week high of $11.85. The firm has a 50-day simple moving average of $10.16 and a 200-day simple moving average of $10.60. The company has a current ratio of 10.68, a quick ratio of 10.68 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $553.93 million, a price-to-earnings ratio of 17.46 and a beta of 0.09.

Vinci Partners Investments (NASDAQ:VINP) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.07). The company had revenue of $25.18 million for the quarter, compared to analyst estimates of $20.50 million. Vinci Partners Investments had a return on equity of 13.37% and a net margin of 36.07%. On average, equities analysts expect that Vinci Partners Investments will post 0.6 EPS for the current year.

Vinci Partners Investments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Wednesday, August 21st were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date of this dividend was Wednesday, August 21st. Vinci Partners Investments’s dividend payout ratio is presently 115.26%.

About Vinci Partners Investments

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services.